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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Finland : € 75,000,000
    Energy : € 75,000,000
    Signature date(s)
    9/06/2016 : € 75,000,000

    Summary sheet

    Release date
    10 December 2015
    Status
    Reference
    Signed | 09/06/2016
    20150636
    Project name
    Promoter - financial intermediary
    LAHTI BIOMASS CHP PLANT
    LAHTI ENERGIA OY
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 205 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of a new biomass-based combined heat and power (CHP) plant for Lahti Energia Oy

    The project comprises the deployment of a combined heat and power biomass-fired plant at Kymijärvi in Lahti. The plant will provide electricity to the national grid and useful heat to the district heating system in the city of Lahti. The project will be implemented in two phases, with a separate investment decision for the second phase to be made later.

    Environmental aspects
    Procurement

    The project is undergoing a mandatory environmental impact assessment according to the EU requirements for this type of plant. The environmental impact statement was completed in June 2014 and an application for environmental permit was submitted to the competent authorities.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - LAHTI BIOMASS CHP PLANT - EIA Attachments
    Publication Date
    11 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    63320420
    Document Focus
    Environmental Information
    Project Number
    20150636
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LAHTI BIOMASS CHP PLANT - EIA
    Publication Date
    11 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    63318664
    Document Focus
    Environmental Information
    Project Number
    20150636
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - LAHTI BIOMASS CHP PLANT
    Publication Date
    14 Jun 2016
    Document language
    Main Topic
    Lending
    Document Number
    67025997
    Document Focus
    Environmental Information
    Project Number
    20150636
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - LAHTI BIOMASS CHP PLANT
    Publication Date
    20 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    182528280
    Document Focus
    Environmental Information
    Project Number
    20150636
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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